China's surging inflation eased slightly in April as Beijing tightened controls to cool its overheated economy. Consumer prices climbed 5.3% over a year earlier, driven by an 11.5% jump in food costs, data showed Wednesday.
UK Defence Secretary Dr Liam Fox played host on Tuesday to his French counterpart in London to exchange the ratified Defence and Security Co-operation Treaty between the two countries.
China's fourth-biggest airline group, HNA Group, has bought a 20% stake in leading Spanish hotel chain NH Hoteles for 431.6 million Euros, NH Hoteles said on Tuesday.
Reports from the European Union and Mercosur confirm that negotiations for a trade agreement remain at ‘technical level’ and no information will be forthcoming until both sides have agreed on the lists of products to be exchanged.
Registering a staggering 84% increase in value over the past year, Apple has emerged as the most valuable brand in the world, ending the four-year reign of Google at the top of the table in the sixth annual BrandZ Top 100 Most Valuable Global Brands study.
China assured the United States that it will continue moving toward a more flexible Yuan exchange rate, a US Treasury official said on Tuesday. The announcement came as the Central bank set the Yuan reference rate at the strongest level since 2005.
China's trade surplus in April was nearly four times bigger than expected, with exports far exceeding imports. The trade surplus was 11.4 billion US dollars, according to the customs agency, whereas analysts had expected a figure of about 3 billion USD.
Former English football association chairman David Triesman has accused FIFA executive committee members Jack Warner, Ricardo Teixeira, Nicolas Leoz and Worawi Makudi of asking for favours in return for their votes for England's 2018 World Cup bid.
Microsoft Corporation agreed to buy Skype Technologies SA for 8.5 billion US dollars in cash to gain the world’s most popular Internet calling service and its 663 million customers.
Standard and Poor's cut Greece's credit rating further into junk territory, reflecting growing doubts that the Euro zone's most fragile economy can manage its debt without imposing losses on private bondholders.